Need help to see if theincome report below is correct as noted below.........

Shadow Awnings makes custom awnings for homes and businesses.The company uses an activity-based costing system for its overhead costs.The company has provided the following data concerning its annual overhead costs and its activity cost pools:

Overhead Costs:

Production Overhead $150,000

Office Expense $100,000

Total $250,000

Distribution of Resource Consumption:

Activity Cost Pools Making Awnings Job Support Other Total

Production Overhead 45% 40% 15% 100%

Office Expense8% 65% 27%100%

The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs.The amount of activity for the year is as follows:

Activity Cost Pool Annual Activity

Making Drapes 5,000 metres

Job Support 200 jobs

Other N/A

c) Set up an income report in good form of a job that involves making 80 metres of awnings and has direct materils and direct labour costs of $3,000.The sales revenue from this job is $4,000.

Sales $4,000

Cost of Goods Sold:

Direct Materials & Direct Labour $3,000

Manufacturing Overhead$1,380$4,380

Gross Margin $(380)

Selling and Administrative Expenses:

Office Expense $326.60$326.60

Operating Income $(706.60)